How platform laws impose a collection obligation on marketplace facilitators

What compliance challenges these new laws present and how those challenges can be mitigated

Whether a state needs to enact a law change to impose a collection obligation on a platform

Whether enacted platform laws violate the federal law

David Machemer presents "Sales Tax Considerations with the Sale/Purchase of a Leased-Asset Portfolio"

In this session, attendees will:

Identify the basics of equipment and motor vehicle leasing and issues to be aware of when selling some or all of a lease asset portfolio, transferring leased assets via intercompany transfer or securitizing lease portfolios

Recognize the major differences between asset sales and entity sales and the tax consequences of each

Evaluate the implications of Wayfair and nexus on sales of leased assets

Determine how to create a document trail for potential examination by taxing authorities

Recognize the implications of sourcing leased assets and state specific issues to consider